Advanced Search
MyIDEAS: Login

Biofuels: review of policies and impacts

Contents:

Author Info

  • Janda, Karel

    ()
    (University of California, Berkeley, Charles University, Prague, University of Economics, Prague and CERGE-EI)

  • Kristoufek, Ladislav

    ()
    (Charles University, Prague and Institute of Information Theory and Automation, Academy of Sciences of the Czech Republic)

  • Zilberman, David

    ()
    (University of California, Berkeley. Dept of agricultural and resource economics)

Abstract

This paper provides an overview of the environmental, economical, and policy considerations related to biofuels. While the biofuel production and consumption exhibited significant increase over the first decade of the new millennium, this and further increases in biofuel production are driven primarily by government policies. Currently available first generation biofuels are with a few exceptions not economically viable in the absence of fiscal incentives or high oil prices. Also the environmental impacts of biofuels as an alternative to fossil fuels are quite ambiguous. The review of the most recent economic models dealing with biofuels and their economic impacts provides a distinction between structural and reduced form models. The review ofreduced models is structured toward the time series analysis approach to thedependencies between prices of feedstock, biofuels, and fossil fuels.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://escholarship.org/uc/item/5v1112qr
Download Restriction: no

Bibliographic Info

Paper provided by University of California at Berkeley, Department of Agricultural and Resource Economics and Policy in its series CUDARE Working Paper Series with number 1119.

as in new window
Length: 34 pages
Date of creation: Oct 2011
Date of revision:
Handle: RePEc:are:cudare:1119

Contact details of provider:
Postal: 207 Giannini Hall #3310, Berkeley, CA 94720-3310
Phone: (510) 642-3345
Fax: (510) 643-8911
Web page: http://areweb.berkeley.edu/library/Main/CUDARE
More information through EDIRC

Order Information:
Postal: University of California, Giannini Foundation of Agricultural Economics Library, 248 Giannini Hall #3310, Berkeley CA 94720-3310
Email:

Related research

Keywords: biofuels; ethanol; biodiesel;

Other versions of this item:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Serra, Teresa & Zilberman, David, 2009. "Price volatility in ethanol markets," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49188, Agricultural and Applied Economics Association.
  2. Timilsina, Govinda R. & Shrestha, Ashish, 2010. "Biofuels : markets, targets and impacts," Policy Research Working Paper Series 5364, The World Bank.
  3. Drabik, Dusan & de Gorter, Harry & Just, David R., 2011. "The Implications of Alternative Biofuel Policies on Carbon Leakage," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114432, European Association of Agricultural Economists.
  4. Peri, Massimo & Baldi, Lucia, 2010. "Vegetable oil market and biofuel policy: An asymmetric cointegration approach," Energy Economics, Elsevier, vol. 32(3), pages 687-693, May.
  5. Chakravorty, Ujjayant & Hubert, Marie-Helene & Moreaux, Michel & Nostbakken, Linda, 2011. "Will Biofuel Mandates Raise Food Prices?," Working Papers 2011-1, University of Alberta, Department of Economics, revised 01 May 2011.
  6. Bettina Kretschmer & Sonja Peterson, 2008. "Integrating Bioenergy into Computable General Equilibrium Models – A Survey," Kiel Working Papers 1473, Kiel Institute for the World Economy.
  7. Scott Baier & Mark Clements & Charles Griffiths & Jane Ihrig, 2009. "Biofuels impact on crop and food prices: using an interactive spreadsheet," International Finance Discussion Papers 967, Board of Governors of the Federal Reserve System (U.S.).
  8. Havlík, Petr & Schneider, Uwe A. & Schmid, Erwin & Böttcher, Hannes & Fritz, Steffen & Skalský, Rastislav & Aoki, Kentaro & Cara, Stéphane De & Kindermann, Georg & Kraxner, Florian & Leduc, Sylvai, 2011. "Global land-use implications of first and second generation biofuel targets," Energy Policy, Elsevier, vol. 39(10), pages 5690-5702, October.
  9. Thomas W. Hertel & Jayson Beckman, 2011. "Commodity Price Volatility in the Biofuel Era: An Examination of the Linkage between Energy and Agricultural Markets," NBER Chapters, in: The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies, pages 189-221 National Bureau of Economic Research, Inc.
  10. Jingbo Cui & Harvey Lapan & GianCarlo Moschini & Joseph Cooper, 2011. "Welfare Impacts of Alternative Biofuel and Energy Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(5), pages 1235-1256.
  11. Rob Bailis & Barbara Sophia Koebl & Mark Sanders, 2011. "Reducing Fuel Volatility - An Additional Benefit From Blending Bio-fuels?," Working Papers 11-01, Utrecht School of Economics.
  12. Gal Hochman & Deepak Rajagopal & David Zilberman, 2010. "Are Biofuels the Culprit? OPEC, Food, and Fuel," American Economic Review, American Economic Association, vol. 100(2), pages 183-87, May.
  13. Beckman, Jayson & Hertel, Thomas & Tyner, Wallace, 2011. "Validating energy-oriented CGE models," Energy Economics, Elsevier, vol. 33(5), pages 799-806, September.
  14. Ciaian, Pavel & Kancs, d'Artis, 2010. "Interdependencies in the Energy-Bioenergy-Food Price Systems: A Cointegration Analysis," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61009, Agricultural and Applied Economics Association.
  15. Carriquiry, Miguel A. & Du, Xiaodong & Timilsina, Govinda R, 2010. "Second-generation biofuels : economics and policies," Policy Research Working Paper Series 5406, The World Bank.
  16. Hochman Gal & Sexton Steven E & Zilberman David D, 2008. "The Economics of Biofuel Policy and Biotechnology," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 6(2), pages 1-24, December.
  17. Ziegelback, Martin & Kastner, Gregor, 2011. "European Rapeseed And Fossil Diesel: Threshold Cointegration Analysis And Possible Implications," 51st Annual Conference, Halle, Germany, September 28-30, 2011 114741, German Association of Agricultural Economists (GEWISOLA).
  18. Du, Xiaodong & Yu, Cindy L. & Hayes, Dermot J., 2009. "Speculation and Volatility Spillover in the Crude Oil and Agricultural Commodity Markets: A Bayesian Analysis," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49276, Agricultural and Applied Economics Association.
  19. Birur, Dileep K. & Beach, Robert H. & Hertel, Thomas W. & McCarl, Bruce A., 2010. "Global Implications of U.S. Biofuels Policies in an Integrated Partial and General Equilibrium Framework," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61812, Agricultural and Applied Economics Association.
  20. Harry de Gorter & David R. Just, 2008. "Water” in the U.S. Ethanol Tax Credit and Mandate: Implications for Rectangular Deadweight Costs and the Corn-Oil Price Relationship ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(3), pages 397-410.
  21. Rajcaniova, Miroslava & Drabik, Dusan & Ciaian, Pavel, 2011. "International Interlinkages of Biofuel Prices: The Role of Biofuel Policies," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114786, European Association of Agricultural Economists.
  22. Harry de Gorter & David R. Just, 2007. "The Welfare Economics of a Biofuel Tax Credit and the Interaction Effects with Price Contingent Farm Subsidies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(2), pages 477-488.
  23. Jerome Dumortier & Dermot J. Hayes & Miguel Carriquiry & Fengxia Dong & Xiaodong Du & Amani Elobeid & Jacinto F. Fabiosa & Simla Tokgoz, 2009. "Sensitivity of Carbon Emission Estimates from Indirect Land-Use Change," Food and Agricultural Policy Research Institute (FAPRI) Publications 09-wp493, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
  24. Harry de Gorter & David R. Just, 2008. "The Economics of a Blend Mandate for Biofuels," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(3), pages 738-750.
  25. Zibin Zhang & Luanne Lohr & Cesar L. Escalante & Michael E. Wetzstein, 2008. "Mitigating Volatile U.S. Gasoline Prices and Internalizing External Costs: A Win-Win Fuel Portfolio," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(5), pages 1218-1225.
  26. Searchinger, Timothy & Heimlich, Ralph & Houghton, R. A. & Dong, Fengxia & Elobeid, Amani & Fabiosa, Jacinto F. & Tokgoz, Simla & Hayes, Dermot J. & Yu, Hun-Hsiang, 2008. "Use of U.S. Croplands for Biofuels Increases Greenhouse Gases Through Emissions from Land-Use Change," Staff General Research Papers 12881, Iowa State University, Department of Economics.
  27. Busse, Stefan & Brümmer, Bernard & Ihle, Rico, 2010. "Interdependencies between fossil fuel and renewable energy markets: the German biodiesel market," DARE Discussion Papers 1010, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
  28. Jaeger, William K. & Egelkraut, Thorsten M., 2011. "Biofuel economics in a setting of multiple objectives and unintended consequences," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4320-4333.
  29. Wallace E. Tyner, 2010. "The integration of energy and agricultural markets," Agricultural Economics, International Association of Agricultural Economists, vol. 41(s1), pages 193-201, November.
  30. Scarlat, Nicolae & Dallemand, Jean-François, 2011. "Recent developments of biofuels/bioenergy sustainability certification: A global overview," Energy Policy, Elsevier, vol. 39(3), pages 1630-1646, March.
  31. Rajagopal, Deepak & Zilberman, David, 2007. "Review of environmental, economic and policy aspects of biofuels," Policy Research Working Paper Series 4341, The World Bank.
  32. Naik, S.N. & Goud, Vaibhav V. & Rout, Prasant K. & Dalai, Ajay K., 2010. "Production of first and second generation biofuels: A comprehensive review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(2), pages 578-597, February.
  33. Colin A. Carter & Gordon C. Rausser & Aaron Smith, 2011. "Commodity Booms and Busts," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 87-118, October.
  34. Zhang, Zibin & Lohr, Luanne & Escalante, Cesar & Wetzstein, Michael, 2010. "Food versus fuel: What do prices tell us?," Energy Policy, Elsevier, vol. 38(1), pages 445-451, January.
  35. Hettinga, W.G. & Junginger, H.M. & Dekker, S.C. & Hoogwijk, M. & McAloon, A.J. & Hicks, K.B., 2009. "Understanding the reductions in US corn ethanol production costs: An experience curve approach," Energy Policy, Elsevier, vol. 37(1), pages 190-203, January.
  36. Ibrahim Onour, . "Forecasting Volatility in Global Food Commodity Prices," API-Working Paper Series 1101, Arab Planning Institute - Kuwait, Information Center.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:are:cudare:1119. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jeff Cole).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.